to the report, with justification. This principle applies to both the form and the methods of consolidated financial statements .. This principle provides for the disclosure of such items, the value of which can affect the adoption or change the decision on financial and economic activities of the company.methods of assessment. Assets, liabilities, prepaid expenses, income and expenses of consolidated companies should be considered in its entirety.matter how they are presented in the current accounting and reporting of companies belonging to the group because the parent does not impose a ban and has no voting credentials approaches. It is important that the consolidation of the assets and liabilities of the parent company and its subsidiaries have been assessed on a uniform methodology applied by the parent company. Assessment methods for legislation, which observes the parent company shall apply to the preparation of the consolidated accounts.date of. The consolidated accounts should be drawn up on the balance sheet date of the parent company. The reporting of subsidiaries should also be recalculated on the date of the consolidated financial statements. [16] of the above principles, on which the consolidated financial statements in accordance with international standards is reflected in the Russian regulatory documents governing the preparation of the consolidated financial statements.the consolidated financial statements combine all assets and liabilities, income and expenses of the parent company and its subsidiaries line by line by adding the relevant data by the rules setrecommendations on the formulation and presentation of consolidated financial statements.preparing the consolidated financial statements of the parent entity and its subsidiaries shall be used uniform accounting policies for evaluation of similar items of assets and liabilities, income and expenses, etc.the accounting policy of a subsidiary is different from that used for the consolidated financial statements, up to the union of an accounting to the accounting statements of the parent organization, it is in conformity with the accounting policies used for the consolidated financial statements.the consolidated financial statements combined financial statements of the parent company and its subsidiaries have been prepared for the same reporting period and on the same date.recently, the preparation of the consolidated financial statements of the Russian Federation Ministry of Finance order regulated in Russia "On the procedure for accounting of individual transactions related to the introduction of the first part of the Civil Code of the Russian Federation" dated July 28, 1995 ДЃ "- 81 and the conduct of the summary ( consolidated) accounting and balance of financial and industrial groups, approved by the Government of the Russian Federation on January 9, 1997 ДЃ "- 24.documents are provided only basic information about the consolidation of reporting.addition to ...
